Saturday, 23 October 2010

Impact of the Comprehensive Spending Review

Reasons for hope
  • The Regional Growth Fund has been established with £1.4 billion set aside to stimulate economic growth in areas impacted by public sector cuts.
  • The CSR recognised the importance of infrastructure spending.
  • Crossrail has been kept.
  • The planning system is to be reformed (again) to support economic development.
Reasons to be fearful
  • CABE has been axed, leaving a large gap in design and architectural guidance to the development sector.
  • Cities with a strong dependence on public sector employment will be most impacted.
  • Local Authorities must slash budgets and will take resources away from Planning Departments, harming the potential for growth.

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